Phoenix, AZ-based electronics distributor Avnet, Inc. (NYSE: AVT), through its wholly-owned indirect subsidiary Avnet EM Holdings (Japan) Godo Kaisha, has acquired Unidux, Inc. (TSE: 9897), Tokyo, Japan.
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\”This acquisition represents a major step in our strategy to expand our business in the strategic and sizeable Japanese market,\” said Harley Feldberg, president, Avnet Electronics Marketing, Global. \”The Unidux business will add complementary customers and suppliers while tripling Avnet’s Electronics Marketing business in Japan. The combination will also add the scale and scope necessary to enhance the value we deliver to our trading partners and achieve our desired financial performance.\”
With operations in Japan, Hong Kong, the People’s Republic of China and ASEAN countries, Unidux distributes active and passive components from suppliers including Intel, Micron, OKI, Aptina and Littlefuse. For calendar year 2009, Unidux generated revenue of approximately US$370 million.
